Flat 3, 14
Flat 3, 14
Description & Estimates
The public record describes Flat 3, 14, School Hill, Redhill as a modern apartment with 667 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, 14, School Hill, Redhill has an estimated sale value of £115,696 and an estimated rental value of £716 per month, assuming reasonable condition and based on the information available.
The apartment sits within 14, School Hill, Merstham, Redhill, RH1.
School Hill, Merstham, Redhill, RH1 lies in the borough of Reigate and Banstead, within the RH1 postal district.
Our Data Sources
Flat 3, 14, School Hill, Redhill has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, 14, School Hill, Redhill would be worth £121,481, with a potential rental value of £752 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £107,598, with a rental value of £666 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, 14, School Hill, Redhill has moved down by £219 (0.2%) over the last year. During the same period, its estimated monthly rental value has increased by £36 (5.0%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
Flat 3, 14, School Hill, Redhill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 770 metres of Flat 3, 14, School Hill, Redhill across the last 2 years.
Most recently, Flat 6, 14, School Hill, Redhill, RH1 3GG, a leasehold flat, sold at £118,000 on the 16th December 2021.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 3, 14, School Hill, Redhill as the 19th largest and the 20th most expensive of the 21 addresses on School Hill, Merstham, Redhill, RH1.
Against the RH1 postcode district average, it is £338k less expensive than the typical property.
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Schools Nearby
- 100mMerstham Primary School
- 800mLime Tree Primary School and Nursery
- 900mFurzefield Primary Academy
- 900mMerstham Park School
- 2.1kmSt Bede's School
- 2.4kmCarrington School
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Public Transport Nearby
Merstham station is the nearest stop to Flat 3, 14, School Hill, Redhill at 200 metres away.
- 200mMerstham
- 2.7kmRedhill
- 4.2kmEarlswood (Surrey)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
